In 2013, Hines in a joint venture with a subsidiary of a real estate fund managed by Oaktree Capital Management, L.P., acquired Savi Tech Center, a 377,407-square-foot, four-building, office and research development campus located in Yorba Linda, CA. Located within the North Orange County submarket, Savi Tech Center has convenient access to major freeways and to the vast Los Angeles and Inland Empire employment hubs.
Savi Tech Center includes:
22705 Savi Ranch Parkway contains two stories, 110,201 square feet and was completed in 1989.
22715 Savi Ranch Parkway contains two stories, 72,188 square feet and was completed in 1985.
22725 Savi Ranch Parkway contains two stories, 53,155 square feet and was completed in 1985.
22745 Savi Ranch Parkway contains two stories, 141,863 square feet and was completed in 1985.
Hines sold the property in July 2016, but continues to act as property manager.
